Hybrid Project Management Team Lead – Impact Finance, Affordable Housing

at U.S. Bank

• Job title: Project Management Team Lead – Impact Finance, Affordable Housing
• Job type: Full Time
• Experience level: Senior
• Salary: $126,820 - $149,200 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Saint Louis, United States

About the role

• Team Lead in Affordable Housing responsible for underwriting and closing both debt and equity client transactions. Balancing client experiences with the Bank's risk while managing a small team.

Responsibilities

• Lead underwriting and closing efforts for both debt and equity client transactions, focusing on customer experience while balancing the Bank’s risk profile
• Work with each Project Manager to balance delivery expectations, work product quality, preservation of profitability, and the client experience
• Manage customer relationships to negotiate, underwrite, approve, and close new equity investment and loan opportunities, primarily for affordable housing construction and development
• Manage workflow both individually and for a 2-3 person peer team
• Review due diligence standards with underwriting real estate transactions
• Collaborate with internal teams and engage third-party professionals to coordinate drafting, collection, and review of documents and financial projections
• Lead team in problem-solving including programmatic compliance or lending, tax, and accounting considerations
• Simplify complex investment and finance concepts and multifamily development projects
• Coordinate stakeholders in preparing and funding initial closing funds and transitions closed assets to the Asset Management team for ongoing relationship management
• Ensure investments and loans are underwritten and closed in compliance with USB Credit Policy and other regulatory requirements

Requirements

• Typically Bachelor's degree and eight or more years of related experience OR
• MBA/JD with five or more years of directly related experience
• Thorough understanding of tax credit investment management and knowledge of regulatory and company risk policies
• Strong knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting
• General real estate development and/or property management background preferred
• Strong knowledge of LIHTC
• Well-developed analytical and problem-solving skills
• Effective interpersonal, verbal and written communication skills

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law